Nigeria is rapidly positioning itself as a top destination for global investors, following a series of bold economic reforms introduced by the Central Bank of Nigeria (CBN) and federal authorities. 

CBN Reforms, Others Boost Nigeria’s Investment Profile   The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria (CBN) and others, such as the harmonisation of the foreign...

The Other Side of Nigeria's Economic Story By Hanniel Sebatie Noboh On paper, Nigeria is booming. The World Bank says the economy is growing. The GDP has bounced back from its pandemic dip, about five years ago. Reports from the National Bureau of Statistics look positive,...

Nigeria Risks Economic Crisis Without 2025 Budget Review - IMF The International Monetary Fund has warned that Nigeria’s 2025 fiscal outlook is at serious risk, urging the government to urgently revise its budget targets to avoid a worsening financial crisis. The IMF’s latest Article IV consultation...

Naira Gains N3.42 Against Dollar in Official, Black Markets The Nigerian Naira remained steady against the US dollar on Thursday, June 3, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

The Central Bank of Nigeria (CBN) has issued a directive instructing banks operating under regulatory forbearance to suspend dividend payments, defer bonuses for executives, and halt investments in foreign subsidiaries or offshore ventures.